Global markets bedded in a 20 basis point rise in US 2 year Treasury yields overnight after more hawkish signals from the Fed, which kept the US dollar solid against the Aussie and Kiwi dollars.
In our bonus deep-dive interview, ANZ’s New Zealand Chief Economist Sharon Zollner explains why the RBNZ is now likely to cut first in August. That’s later than market expectations for a May cut, but earlier than her previous view of the first cut being in February next year.
Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
Create your
podcast in
minutes
It is Free